Saudi Arabia tops GCC ranking in Statistical Performance Index zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
It ranked first in the Gulf and advanced four places in the same index among the G20 countries, coming in at 15th place after being ranked 19th in the 2019 assessment.
Mohammed Elkuwaiz, chairman of the Board of Directors of the Saudi Capital Market Authority (CMA), said that the authority intends to allow non-Saudis to invest for the first time in listed companies that own real estate in the holy cities of Makkah and Madinah
The ranking of the Kingdom of Saudi Arabia, represented by the General Authority for Statistics (GASTAT), jumped 25 places in the Statistical Performance Index (SPI) issued by the World Bank. It ranked first in the Gulf and advanced four places in the same index among the G20 countries, coming in 15th place after being ranked 19th in 2019.